Try GOLD - Free
BSP profit surges to P117.6 B in 2024
The Philippine Star
|March 21, 2025
The Bangko Sentral ng Pilipinas (BSP) earned P117.6 billion in 2024, nearly five times higher than the P26.5 billion in 2023, amid higher revenues and lower spending.
Preliminary data from the BSP showed that its total revenue, comprising interest income on foreign investments, government securities and Treasury bonds, surged by 41.3 percent to P300.4 billion in 2024 from P212.7 billion a year ago.
In 2024, the BSP's interest earnings rose by nearly 22 percent to P240.8 billion from P197.9 billion in 2023.
Miscellaneous activities such as trading gains or losses, fees, penalties and other operating income, among others, jumped by four times to P59.6 billion from just P14.8 billion in 2023.
This story is from the March 21, 2025 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
MAROONS ESCAPE SETS UP DO-OR-DIE
UP fell. UP fought. UP rose.
1 mins
December 15, 2025
The Philippine Star
Legislate unprogrammed appropriations – SC justice
In order to prevent more budget insertions in future budget deliberations, it would be best if both houses of bicameral Congress \"legislate\" and pass a \"special appropriations law\" specifically for unprogrammed funds.
1 mins
December 15, 2025
The Philippine Star
INSIDE BULACAN'S TRIKE SOUNDS SCENE
We arrived at the Malolos Convention Center at around 6 p.m., the grounds already buzzing with food stalls and night joggers.
4 mins
December 15, 2025
The Philippine Star
Historic shift underway in China's economy
For the past three decades, as China's economy has developed into a global powerhouse, investment has grown reliably each year.
1 mins
December 15, 2025
The Philippine Star
Analysts see another policy rate cut in 2026
As BSP keeps door open for further easing
1 mins
December 15, 2025
The Philippine Star
Bicam raises health aid 'pork' to P51.6 B
Senators and congressmen approved a P51.6-billion allocation for the Department of Health (DOH)’s controversial health care program, which has been criticized as a “discretionary fund” vulnerable to political patronage.
2 mins
December 15, 2025
The Philippine Star
Because of 'pork,' Ping won't sign budget
Senate President Pro Tempore Panfilo Lacson is refusing to sign the ratification of the 2026 budget if the bicameral conference committee pushes through with a large funding increase for controversial aid programs and multibillion-peso allocations for farm-to-market roads.
2 mins
December 15, 2025
The Philippine Star
Green Lancers pull off CESAFI four-peat
The University of the Visayas Green Lancers launched a devastating rally bridging the third and fourth quarters to outlast the University of Cebu Webmasters, 85-77, in the deciding match of their best-of-three finals and complete a four-peat in the Cebu Schools Athletic Foundation, Inc. (CESAFI) Season 25 basketball tournament on Saturday at the Cebu Coliseum.
1 min
December 15, 2025
The Philippine Star
Damayan, The Freeman aid families in Cebu
Operation Damayan, Phil-star Media Group’s social arm, through The Freeman Foundation, carried out a relief operation yesterday to assist families affected by Typhoon Tino in Barangay Lagtang, Talisay City, Cebu.
1 min
December 15, 2025
The Philippine Star
Trump vows revenge after troops killed in Syria attack
Two American troops and a civilian interpreter were killed in central Syria on Saturday after an alleged member of the Islamic State (IS) group opened fire on a joint US-Syrian patrol, officials said.
1 min
December 15, 2025
Listen
Translate
Change font size